Area Intelligence

MIRI CENTRE POINT

3 properties
4-Storey Storey Shop
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Median Price
RM 1,850,000
PSF: RM 1,219

Commercial Market

Median Price

RM 1,850,000

IQR: RM 161
MAD: RM 59
RM 1,219 PSF 11.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MIRI CENTRE POINT in Bahagian Miri, Sarawak recorded 3 4-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey storey shop properties, with a median price of RM 1.85 million and a median price per square foot (PSF) of RM 1,219.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.85 million, with most transactions falling within a stable range of RM 1.54 million to RM 2.16 million, and a typical market range of RM 1.60 million to RM 2.10 million.

Within the 4-Storey Storey Shop category, 4 - 4 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 1,219, with core pricing between RM 1,069 and RM 1,369. Market pricing typically extends from RM 1,138.38 to RM 1,299.63, reflecting moderate variation in unit pricing. With an IQR of RM 161.25 and MAD of RM 150, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MIRI CENTRE POINT, Bahagian Miri, Sarawak

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Transactions

3 properties grouped by size

1,250 sqft
1 units 4-Storey Storey Shop
RM 1,500,000
JALAN MELAYU
1,230 sqft · RM 1,219.00 PSF
Nov 2022
1,700 sqft
1 units 4-Storey Storey Shop
RM 2,250,000
JALAN KUBU
1,721 sqft · RM 1,307.00 PSF
Jul 2023
1,950 sqft
1 units 4-Storey Storey Shop
RM 1,850,000
JLN MELAYU
1,936 sqft · RM 955.00 PSF
Jun 2024